JBG Smith announced today that it has acquired the Americana Hotel in Crystal City and intends to redevelop the property as an apartment building.
The family-owned hotel at 1400 Richmond Highway closed earlier this month after nearly 50 years in business and at least one appearance in a major motion picture.
In a press release, JBG suggests that the 102-room hotel could eventually make way for a big apartment building with more than 500,000 square feet of space. That might be similar to JBG’s The Bartlett one block away, at the corner of S. Eads Street and 12th Street S., which clocks in at 23 stories, 700 apartments and about 750,000 square feet of floor area.
JBG Smith Buys Shuttered Crystal City Hotel, Signals Major Multifamily Replacement The Americana Hotel at 1400 Richmond Highway in Arlington
The developer behind Amazon HQ2 and several other projects in the National Landing area has acquired a recently shuttered hotel with plans to redevelop it.
JBG Smith announced Monday it acquired the site of the Americana Hotel at 1400 Richmond Highway for an undisclosed price. The sale hasn t yet appeared in property records.
The 102-room hotel closed earlier this month, in part due to the effects of the coronavirus pandemic, ARLnow reported. It had been open since 1963, making it one of the oldest hotels in the Crystal City neighborhood.
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JBG Smith plans to redevelop the decommissioned Americana Hotel in National Landing as new multifamily development. (Google Maps)
ARLINGTON, VA Developer JBG Smith has acquired the former Americana Hotel property, which is located across the street from the future headquarters of Amazon in National Landing, according to a company news release.
JBG Smith purchased the recently decommissioned 102-key hotel and its parking lot, with an eye on redeveloping the 1.4-acre site into a new multifamily development with a footprint of more than 500,000 square feet. As the largest property owner and most active developer in National Landing, we have long viewed the Americana site as one of the best opportunities for development in the Capital region, said Ed Chaglassian, executive vice president, head of acquisitions, in the release. This location possesses all of the major ingredients for a successful project, including access to excellent public schools and close proximity to